Core consumer prices in Philippines increased 2.90 percent in May of 2020 over the same month in the previous year.
Core Inflation Rate in Philippines averaged 3.80 percent from 2001 until 2020, reaching an all time high of 7.25 percent in October of 2008 and a record low of 1.40 percent in September of 2015. This page provides the latest reported value for - Philippines Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Phillipine Statistics Authority
Core Inflation Rate in Philippines is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Philippines to stand at 3.50 in 12 months time. In the long-term, the Philippines Core Inflation Rate is projected to trend around 4.10 percent in 2021, according to our econometric models.